(THE GIST OF PIB) Directorate General of Trade Remedies

(THE GIST OF PIB) Directorate General of Trade Remedies

(APRIL-2024)

Directorate General of Trade Remedies

  • Recently, the Directorate General of Trade Remedies (DGTR) has recommended imposition of anti-dumping duty on sodium cyanide (NaCN) imported from China, the European Union, Japan and Korea.

About Directorate General of Trade Remedies:

  • It was earlier known as the Directorate General of Anti-dumping and Allied Duties (DGAD) and was formed in 2018.

  • It works as a single national entity dealing with all kinds of Trade Remedial measures (anti-dumping, countervailing, safeguard).

  • It provides a level playing field to the domestic industry against unfair trade practices like dumping, subsidization and surge in imports.

Functions:

  • Conducting anti-dumping investigations and recommendations to the Government of India (GoI).

  • Conducting anti-subsidy/CVD investigations and recommendations to GoI.

  • Conducting safeguard investigations and recommendations to GoI

  • Handling litigation matters before CESTAT, High Courts and Supreme Court of India.

  • Conducting Outreach programmes to create and spread conceptual awareness and explain the workings of DGTR

  • Exchange of information with the World Trade Organisation (WTO).

  • Nodal Ministry: It functions as an attached office of the Department of Commerce, Ministry of Commerce and Industry.

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Courtesy: PIB